NYSE:SOCOil and Gas
Sable Offshore Legal Disputes Put Pipeline Control And Governance In Focus
Sable Offshore (NYSE:SOC) is contesting federal and state actions over control of key oil pipelines tied to its Santa Ynez operations.
The California Attorney General has filed a lawsuit to stop a federal transfer of regulatory oversight for these pipelines.
Separately, the company faces SEC and federal investigations into alleged selective disclosure of sensitive information to certain investors.
Sable Offshore focuses on offshore oil production, with its Santa Ynez operations and related...